55, NEWTON STREET, OLNEY, MK46 4BS - £280,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

55 NEWTON STREET is a very small extended semi-detached house of 82m², built sometime between 1950 and 1966. It was last sold for £280,000 in May 2016, which was around 31% below the average May 2016 detached price in the Milton Keynes local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

55 NEWTON STREET Sold Prices

Land registry data shows three sales for 55 NEWTON STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the three 55 NEWTON STREET sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 13 MAY	£280,000	£405,509	31% below HPI
2000 20 JUN	£126,000	£138,476	9% below HPI
1998 25 JUN	£84,400	£104,860	20% below HPI

55 NEWTON STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three 55 NEWTON STREET sales between June 1998 and May 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2000 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2016 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 55 NEWTON STREET?

55 NEWTON STREET is 82m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% of detached houses in Olney, based on EPC data. The below chart shows the distribution of detached houses by size in Olney, and where 55 NEWTON STREET lies on this distribution: 11% of detached houses are smaller than 55 NEWTON STREET, and 89% of houses are larger. Note that EPC data is not available for all properties in Olney.

55 NEWTON STREET: Plot and Title Map

55 NEWTON STREET sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of 55 NEWTON STREET, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 55 NEWTON STREET). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 55 NEWTON STREET?

55 NEWTON STREET is located in OLNEY, in the MK46 postcode district. The below map shows the position of No. 55 on NEWTON STREET.